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Equity (Tables)

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note [Abstract]

Schedule of Stockholders Equity [Table Text Block]

During 2012 the Company sold, pursuant to an effective registration statement filed with the SEC, equity in the Company as follows:

Date	Shares issued				Warrants issued				Unit price		Proceeds
July 30, 2012		589,227				117,846			$2.97		$	1,745,549	*
August 28, 2012		1,900,000				380,000			$2.97		$	5,229,201	**
Total		2,489,227				497,846					$	6,974,750

*Net of fees of $4,455

** Net of fees of $413,719

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- Definition

Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

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